how much do you think keeping logs is effective in gambling?

[Red-Apple]

recently i have started keeping logs of all my bets in an excel spread sheet so that i can see how much i am gambling each month in total and at the end of the month i can tell if i was successful or not.

how many of you are doing the same as i am?

[romero121]

recently i have started keeping logs of all my bets in an excel spread sheet so that i can see how much i am gambling each month in total and at the end of the month i can tell if i was successful or not.

how many of you are doing the same as i am?

That's a good start, keeping a log always makes gambling effective. Based upon the loss and win recorded you can select whether to continue gambling or quit. This serves as a proof who don't believe in your winning.

[bering]

recently i have started keeping logs of all my bets in an excel spread sheet so that i can see how much i am gambling each month in total and at the end of the month i can tell if i was successful or not.

how many of you are doing the same as i am?

that was a great idea because you can calculate how much money you had already lost or how much profit did you get during in a month from your gambling and you could compare your betting results for each month but actually i never did it before and i'm not interested to do so

[shintosai]

recently i have started keeping logs of all my bets in an excel spread sheet so that i can see how much i am gambling each month in total and at the end of the month i can tell if i was successful or not.

how many of you are doing the same as i am?

i'm not doing this yet mate since i don't have that much extra money to use for my gambling activity got only a chance to gamble when i got some earnings coming from faucets and small task that i found over the internet but i like your idea doing this thing because you will be able to find out if you are effective gambler or you already needed to quit because of big loses.

[SparkedDev]

recently i have started keeping logs of all my bets in an excel spread sheet so that i can see how much i am gambling each month in total and at the end of the month i can tell if i was successful or not.

how many of you are doing the same as i am?

Well its one way to make sure the win/lose ratio isnt off is you have like a 50 game in a row lose thats pretty weird.
So if you have logs to check back on loses or wins you can say for your self and have proof if something is up and you need it.


Tho its prob best to run a sim tho with odds and such before you really play.

[HaXX0R1337]

i dont understand what is the positive thing that could do on keeping logs,if you are planning to roll with a budget then that is the most important thing that is needed,what kind of logs can we take if you are rolling in dice sites.

[DIA7]

i think it will be a good idea specially when you are trying to see that you had enough losses for the month or you getting profits and you can have more budget to gamble with i think i will start keeping logs of my gambling i know i had couple good wins but recently i started to have many losses and i think i will start minimazing my bets and start focusing on my futur bets and it will be a good idea to start it in the new year to see if my luck changed then last year

[Dmitry.Vastov]

Thats a good way to manage your money. All gamblers must do this. Controling your funds a must when you are on gambling. Its a good way to start. You will see your losses and profits through this. It will help you to avoid sudden losses.
Im not gambling too often. So i think i dont need it. But i still willing to do this in the future.

[ralle14]

recently i have started keeping logs of all my bets in an excel spread sheet so that i can see how much i am gambling each month in total and at the end of the month i can tell if i was successful or not.

how many of you are doing the same as i am?

It depends on what type of gambling are we talking about here if it's dice it'll be time consuming to do because you need to list every roll. For sports betting it's effective if you always bet daily to keep track of your record and profit.

[Herbert2020]

recently i have started keeping logs of all my bets in an excel spread sheet so that i can see how much i am gambling each month in total and at the end of the month i can tell if i was successful or not.

how many of you are doing the same as i am?

It depends on what type of gambling are we talking about here if it's dice it'll be time consuming to do because you need to list every roll. For sports betting it's effective if you always bet daily to keep track of your record and profit.

not necessarily.
you usually keep a record of your totals not every single bet. you can even do this mentally without writing this down if you make limited number of bets in other games.
but as for dice you can easily save up your final results, for example make a log of your starting amount today and then write down how much bitcoin you finish today with.

[bhadz]

i dont understand what is the positive thing that could do on keeping logs,if you are planning to roll with a budget then that is the most important thing that is needed,what kind of logs can we take if you are rolling in dice sites.

The positive part of keeping logs is you actually know what is happening on your gambling career. If you keep records every time you will gamble, you can see how effective you have been gambling and if you also can notice with those logs that you are not that productive for the past days. It can help you to stop for a while and take some time to relax.

[BossMacko]

This is effective and i am already doing this , besides keeping a log i also have my limits if i win % of bankroll i'll stop and if i lose my % of bankroll i'll stop in that way i will be able to see and control my money effectively.

[olushakes]

Its actually good because anything one is doing there is need to keep records whether good or bad same goes for gambling because it will enable you know your true position and based on that, make a decision whether to continue or not. Not that you will think you're winning whereas you losing overall in total.

[Golftech]

it is very effective if you are sensitive about your starting capital tracing the actual amount of your bets and segregate both  wins and loses might be a good thing for you in order to check if you still have good streak or you needed to stop for a while and relax, its very useful for sure many of us here will follow this mate, thanks for sharing.

[milewilda]

recently i have started keeping logs of all my bets in an excel spread sheet so that i can see how much i am gambling each month in total and at the end of the month i can tell if i was successful or not.

how many of you are doing the same as i am?

Keeping logs are just for people who are serious on making money on playing gambling but for people do just treat it as an entertainment then they would not bother to do logs.It still depends on a person if he would like to see if he's good enough on gambling industry and if he found out that he lose too much then he might decide to stop to prevent further loss which is somehow a useful thing too.

[NorrisK]

It definately helps you stay sane and objectively shows you how much you won or lost.

Losing players often downtalk the amount they lost. This way, there is no way around it. The numbers are right there in your face and you will come to grips with reality much faster.

[ethereumhunter]

recently i have started keeping logs of all my bets in an excel spread sheet so that i can see how much i am gambling each month in total and at the end of the month i can tell if i was successful or not.

how many of you are doing the same as i am?

i don't save my logs in gambling because i know that my loss is still big than my winning so i think i am not expecting too much for the logs. beside that, i am not good to make a file of excel and i don't have time to make a file for my logs in gambling. but for you, i think you can learn many thing from your logs and you can make success in the gambling industry.

[sportis]

recently i have started keeping logs of all my bets in an excel spread sheet so that i can see how much i am gambling each month in total and at the end of the month i can tell if i was successful or not.

how many of you are doing the same as i am?

I think that you play dice and casino games aren't you? I usually gamble in sport games and I keep logs not only to see btcs win or lose but which teams, I prefer soccer, are profitable. So I adjust my bets dividing teams as low, mid and high risk and according my predictions I change my bet.   

[Red-Apple]

It definately helps you stay sane and objectively shows you how much you won or lost.

Losing players often downtalk the amount they lost. This way, there is no way around it. The numbers are right there in your face and you will come to grips with reality much faster.

you got it correct man. and i mostly meant this topic to be like a suggestion to all the gamblers on this board to maybe they start keeping logs too.

i used to think i am losing lots of money on gambling, and you know after a while the losses become so much harder so you mentally think you are losing a lot more. but even since i started keeping tabs on my amounts i realized that things aren't that grim, and i actually make profit sometimes too.

[lite]

recently i have started keeping logs of all my bets in an excel spread sheet so that i can see how much i am gambling each month in total and at the end of the month i can tell if i was successful or not.

how many of you are doing the same as i am?

It's really a good idea to keep track of profit/loss, i'm not keeping any log yet. reading your post made me think that i should also start doing it lol.